Valero Energy
About: Valero Energy is one of the largest independent refiners in the United States. It operates 15 refineries, with a total throughput capacity of 3.2 million barrels a day in the US, Canada, and the United Kingdom. Valero also owns 12 ethanol plants with capacity of 1.6 billion gallons a year and holds a 50% stake in Diamond Green Diesel, which has the capacity to produce 1.2 billion gallons per year of renewable diesel.
Employees: 9,908
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
65% more call options, than puts
Call options by funds: $1.59B | Put options by funds: $960M
2% more repeat investments, than reductions
Existing positions increased: 530 | Existing positions reduced: 522
3% less funds holding
Funds holding: 1,442 [Q2] → 1,394 (-48) [Q3]
5.02% less ownership
Funds ownership: 83.31% [Q2] → 78.29% (-5.02%) [Q3]
20% less capital invested
Capital invested by funds: $42.9B [Q2] → $34.5B (-$8.43B) [Q3]
27% less first-time investments, than exits
New positions opened: 127 | Existing positions closed: 175
39% less funds holding in top 10
Funds holding in top 10: 18 [Q2] → 11 (-7) [Q3]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Barclays Theresa Chen 40% 1-year accuracy 8 / 20 met price target | 3%downside $140 | Overweight Maintained | 11 Nov 2024 |
TD Cowen Jason Gabelman 65% 1-year accuracy 15 / 23 met price target | 3%downside $140 | Buy Maintained | 25 Oct 2024 |
Citigroup Vikram Bagri 57% 1-year accuracy 4 / 7 met price target | 22%upside $176 | Buy Maintained | 25 Oct 2024 |
B of A Securities Jean Ann Salisbury 71% 1-year accuracy 10 / 14 met price target | 4%upside $150 | Neutral Reinstated | 17 Oct 2024 |
Scotiabank Paul Cheng 26% 1-year accuracy 10 / 38 met price target | 2%downside $141 | Sector Outperform Maintained | 10 Oct 2024 |
Financial journalist opinion
Based on 14 articles about VLO published over the past 30 days
